On 28 June 2021 The Ministry of Finance published a package of simplifications on transfer prices.
The proposed changes included:
- • icification of the documentation statement (to be part of the TPR information);
- • limiting the obligation to draw up benchmarking analyses, including for micro/small entrepreneurs;
- • extension of the deadline for drawing up documentation (from 9 to 10 months after the end of the year) and for submission of TPR information from 9 to 11 months after the end of the year;
- • longer time limit for submission of documents at the request of the authority from 7 to 14 days;
- • the extension of Safe Harbour simplifications by total exemption from the documentation obligation of transactions eligible for such simplification;
- • exemption from the obligation to document refactured transactions;
- • clarification of the rules on the sources of data for the preparation of TPR information and the scope of the analysis required in the case of a non-legal person company contract.
Comments in the framework of the pre-consultation may be submitted to 2 July 2021
Information on the package on the MF website:
https://www.gov.pl/web/finanse/pakiet-rozwiazan-dla-powrotu-kapitalu-do-polski-i-zmiany-w-zakresie-cen-transferowych-w-prekonsultacjach